224 Guadalupe Santa Fe, NM 87501
MULTI_FAMILY - Other - Santa Fe, NM
Property Features for 224 Guadalupe
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C-4,Historic
- Bedrooms
- 8
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 8, Bedroom 4, Bedroom 1
- Interior features
- NoInteriorSteps
- Appliances
- GasWaterHeater, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 012115328
- Size
- 3,700 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- T17N R 9E S24 .222 AC LOT 11 & 12 BLK A SANTA FE PARK S/D
- Tax Annual Amount
- 4900
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Adobe
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Jared English License #20608 (888) 881-4118
Listing office Congress Realty Box 91303264, Sioux Falls, NM (888) 881-4118
Listing date Jul 14, 2026
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property has a newly installed insulated TPO roof. A sewer line replacement was completed in 2019. Three of the four units include granite countertops and real oak hardwood floors, and crawl spaces under the house provide easier plumbing access. Two units were updated in 2000.
Units are described as income-producing and located four blocks west of Santa Fe Plaza. The listing indicates the property requires no deferred maintenance and is well priced for the location and condition.
Key Highlights
- Four detached units on one parcel sold together with total 3,700 +/- SF
- Income‑producing units located four blocks west of Santa Fe Plaza
- New insulated TPO roof; roof type noted as membrane
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.1k | $22.20 |
| − Vacancy | −$3.7k | −$1.00 |
| EGI | $78.4k | $21.20 |
| − OpEx | −$23.5k | −$6.36 |
| NOI | $54.9k | $14.84 |
